Public Bank Berhad Colombo Branch

Public Bank Berhad Colombo Branch operates in Sri Lanka. It provides local Sri Lankan-specific branded products. These cover Personal Banking, Business Banking, Treasury & Investments, and Digital Banking. Each product features unique technical capabilities.

Personal Banking Services

The MySalary Savings Account offers autosalary credit. It has a zero minimum balance requirement. Real-time SMS alerts notify on every account transaction. The PB R-NID Account supports dual-currency maintenance (LKR & USD). It links to PB SecureSign for two-factor authentication. MyPrime Current Account includes an overdraft facility. This facility goes up to 120% of the average monthly balance. It also offers customized 33-leaf cheque-book printing.

Premier Gold Savings Account calculates tiered interest daily. This is based on the daily minimum balance. It includes free Gold Investment linkage via the PBe online gateway. The PB Gold Investment Account uses real-time LBMA-referenced pricing with daily NAV. It performs auto settlement into MyPrime Current when a price threshold is met.

PB Platinum Mastercard allows tap-to-pay with an EMV Contactless limit. This limit is up to LKR 50,000 per transaction. It integrates reward points tracking via MyPB App API. PB Visa Signature Credit Card offers dynamic CVV generation on mobile. This enhances online security. It provides a 24×7 Global concierge interface via PB SecureSign token. PB Debit Cards, available as Mastercard and Visa, feature instant issuance. They include on-chip personalization. These cards enable real-time transaction blocking or unblocking via PBe.

PB Housing Loan offers a loan-to-value up to 90%. It uses a floating base rate. Online progress tracking of valuation and sanction stages is available. PB Motor (Vehicle) Loan includes automated EMI recalculation on balance prepayment. It uses GPS-enabled sanctioning for vehicles under 5 years old. PB Personal Flexi Loan provides top-up disbursement via DuitNow Proxy. This occurs in under 1 hour. It has a sliding scale rate adjustment linked to the Central Bank LKR repo.

Business and Corporate Banking

The PB enterprise Virtual Account Service enables multiclient virtual account segmentation. This is under a single UEN. It offers API integration for receivables matching and reconciliation. PB enterprise Liquidity Management provides an automatic sweep facility. This facility moves funds between CASA and Call Deposit. It uses a tiered interest enhancement algorithm based on intraday balances. PB enterprise Trade Financing supports straight-through SWIFT file upload for LC issuance. An Oracle-based documentary credit tracking dashboard is included. The PB Red Carpet SME Overdraft reviews limits automatically every 3 months via PB SecureSign. It links to an AR module for e-invoice financing.

Treasury and Forex Services

PB Forex Remit handles both inward and outward transactions. It features multi-rail connectivity. This includes SWIFT, Alipay+, and Bakong. Real-time FX rate lock-in is available for up to 48 hours. The bank also offers PB Treasury Bills & Bonds.